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Community Development Corporation of Utah

Resource Name:Community Development Corporation of Utah

address

501 E 1700 S, Salt Lake City, UT 84105

Eligibility

Must be a first-time homebuyer and reside in the State of Utah.

Hours

Monday: 09:00:00.000Z - 17:00:00.000Z Tuesday: 09:00:00.000Z - 17:00:00.000Z Wednesday: 09:00:00.000Z - 17:00:00.000Z Thursday: 09:00:00.000Z - 17:00:00.000Z Friday: 09:00:00.000Z - 12:00:00.000Z By appointment only

Languages

Spanish, Translation service

Application process

Call for more information or complete the intake form on the website.

Fees

No cost

Service area

Utah County, UT
Homium and the Utah Dream Fund offer first-time Utah homebuyers a Shared Appreciation Mortgage (SAM) for down payment assistance. This provides a silent second mortgage with no interest and no monthly payment. The loan is repaid as a fixed share of the home's value when the owner sells or refinances, helping first-time buyers afford homes with lower monthly payments.

Providing organization

Community Development Corporation of Utah
A US Department of Housing and Urban Development approved community development corporation that helps low-to-moderate income individuals and families. Services provided include homebuyer/home purchase counseling, personal financial counseling, housing down payment loans/grants, HUD approved counseling, low income/subsidized rental housing, and relocation assistance,